NanoString Technologies (NSTG) Tops Q3 EPS by 4c
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NanoString Technologies Releases Operating Results for Third Quarter of 2020
November 9, 2020 4:01 PM ESTSEATTLE--(BUSINESS WIRE)-- NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today reported financial results for the third quarter of 2020.
Third Quarter Financial Highlights
Product and service revenue of $30.1 million, 14% year-over-year growth. On a pro forma basis, reflecting the impact of the Veracyte transaction on revenue recorded for Prosigna® IVD kits, product and service revenue increased by 22% Instrument revenue of $12.9 million, 60% year-over-year growth. Instrument revenue includes $7.5 million of GeoMx® Digital Spatial Profiler (DSP) instrument... More